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- RE: Historical Bar In Downtown Saratoga With Real Estate
- Contact: Helen Liu
Quick Facts
Asking Price: | $500,000 | |
Annual Revenue: | $205,175 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1970 | |
Employees: | Not Disclosed | |
BBN Listing #: | SB-54205 | |
Broker Reference #: | CAMPBCA001-54205 |
Business Overview:
This offering for one of the oldest bars in the area is a once in a lifetime opportunity. The details are as follows for the business, information regarding the real estate on separate summary.• Original antique hand carved wood bar back with mirror and refrigeration• Single well• 4 tap beer cooler and tap (full asset list will be provided in the business memorandum)• Newly upgraded electrical panel, HVAC unit, and water heater• Antique chandeliers located on high wood beam ceilings• Two bathrooms (not ADA compliant)• Has former kitchen, extensive upgrades will need to be made to re-introduce• Back section of building is newer and can be modified or additional floors added• Historical building in the front, preservation requirements present• Stand-alone building in line with many restaurants and night life• Sales cycle is stronger during concert and wedding seasons• Cash business (records not verified by agent/broker)• Rough capacity 30 seats between bar, tables and 2 boothsFor more information, please contact Brian Bacher, 32 years baking industry professional turned business broker at 408.368.8160 or email bbacher@sunbeltbayarea.net
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Reason for Selling:
Sellers are retiring
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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